GAO Says DOT Should Do More To Combat Real-World Cyberattacks
Posted on Apr 27, 2016 in Industry News | Comments Off on GAO Says DOT Should Do More To Combat Real-World Cyberattacks
In a recent report, the Government Accountability Office asserted that more needs to be done by the Department of Transportation and the National Highway Traffic Safety Administration in preparing for and combating real-world cyberattacks on automobiles. Although there have been no such attacks documented, researchers have identified vulnerabilities affecting critical systems,...
Automakers Reach out to Auto Insurers on Recalls
Posted on Apr 13, 2016 in Industry News | Comments Off on Automakers Reach out to Auto Insurers on Recalls
Two associations representing the largest automakers in the world have asked the auto insurance industry to assist them by reminding insureds of recalls when they renew their policies. The Alliance of Automobile Manufacturers and the Association of Global Automakers made their request in letters to the CEOs of major insurance companies. This outreach comes ahead of this week’s...
10 Tech Trends Automakers And Insurers Need To Watch
Posted on Apr 6, 2016 in Insurance Developments and Trends, Insurance Regulation, Technology Impacting Auto Insurance | Comments Off on 10 Tech Trends Automakers And Insurers Need To Watch
A Law360 article by Sutherland’s Mike Nelson examines new trends arising from the autonomous technological boom, including expansion of big data and a shifting liability scheme. Click here for ten developments that auto manufacturers and insurers should monitor over the next five years. (Subscription required.)
2015 – A Record Year For Auto Recalls
Posted on Jan 25, 2016 in Industry News | Comments Off on 2015 – A Record Year For Auto Recalls
The National Highway Traffic Safety Administration has reported that automakers recalled 51.3 million vehicles in 2015. This marks the second highest yearly number of recalls in the United States, trailing only 2014 when a reported 63.9 million vehicles were recalled. The NHTSA has recently responded to criticism on its handling of auto safety issues by implementing several...
Industry Agreement on Safety Principles
Posted on Jan 18, 2016 in Industry News | Comments Off on Industry Agreement on Safety Principles
18 car companies have joined the U.S. Department of Transportation in designing new automobile safety standards. These standards would reflect a proactive and collaborative approach to safety. Although the details have not been finalized, it is expected that auto companies will face pressure to include technology-aided safety features, such as automatic emergency braking, as standard...
